313 S Pearl StMennoSD57045
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Menno at 313 S Pearl St, Menno, SD, 57045 offers a 0% rental yield on a $109,900 purchase with $0/mo rent. 97% in year one. Equity gained on principal adds $709/yr while 5% annual appreciation supports $30,363 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1918
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57045, Menno, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 484 (100%) |
| Owner Occupied HU | 344 (71.1%) |
| Renter Occupied HU | 80 (16.5%) |
| Vacant Housing Units | 60 (12.4%) |
| Median Home Value | $163,462 |
| Average Home Value | $245,400 |
Housing Distribution
Address Breakdown
Residential
298
Single Family
284
Multi-Family
14
Businesses
54
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No similar rental properties found nearby.
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Listed by: Christa F Helma • Priority Real Estate
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22508835